i get it, too lazy like me to do your own washing?
ill sum it up. Royal commission f'd the banks who decided to divest and IFL swooped up all their wealth mngt for peanuts (vs history), currently feeling the tail end of the advice/fee for service overhaul and stripped them of some margins. IFL will evolve, be roughly twice (if not more) than original size, sack a whole bunch of ppl (synergies) then consolidate and upgrade the platforms while milking not as much fees as before (but who cares, the $$$$ FUA/FUM keeps growing) and will have the ability to pay us solid divis growing in perpetuity....100% franked...
hope that helps.
i get it, too lazy like me to do your own washing?ill sum it up....
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Last
$3.49 |
Change
0.010(0.29%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| $3.47 | $3.49 | $3.44 | $24.22M | 6.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 89566 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 40371 | 8 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |